Cisco Systems Inc. (NASDAQ:CSCO), for instance, andWilocity, the first chipset maker to launch and support WiGig/802.11ad products in volume production, recently announced that they are working together to develop 60 GHz enterprise networking products supporting transmission speeds of 5 Gbit/s. The new technology is based on the IEEE 802.11ad standard for ultra-fast in-building networks and will eventually be certified by the WiFi Alliance under the name WiGig. Cisco Systems, Inc. (NASDAQ:CSCO) stock performance was -0.30% in last session and finished the day at $22.94. Traded volume was 18.71million shares in the last session and the average volume of the stock remained 42.56million shares. The beta of the stock remained 1.33. Cisco Systems, Inc. (NASDAQ:CSCO) insider ownership is 0.10%.
Micron Technologies Inc. (NASDAQ:MU)’ next-gen SSD is the M550. Not only was it pretty zippy, but it also packed a bunch of useful features. Performance-wise, the M550 was quick. Not only did it leave my PC’s mechanical hard drive choking in its dust, it also consumed as little as 0.15 watts of power while doing it. Micron Technology, Inc. (NASDAQ:MU) rose 0.23 percent to $26.31 Friday on volume of 18.32million shares. The intra-day range of the stock was $26.07 to $26.64. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $28.16billion.
The Chinese company, expected to file soon for a U.S. initial public offering, wants to give a group of insiders the exclusive right to nominate a majority of the board. Unlike the dual-class model used by companies from Zynga Inc (NASDAQ:ZNGA) and Groupon Inc. to New York Times Co. (NYT:US) and Manchester United Plc — where a minority shareholder wields disproportionate voting power — Alibaba plans to give all shares otherwise equal weight. Zynga Inc (NASDAQ:ZNGA)’s stock on May 2, 2014 reported a decrease of -1.03% to the closing price of $3.86. Its fifty two weeks range is $2.50 -$5.89. The total market capitalization recorded $3.21billion. The overall volume in the last trading session was 17.24million shares. In its share capital, ZNGA has 884.46million outstanding shares.
Groupon Inc (NASDAQ:GRPN) has never been consistently recorded as a healthy or a safe investment. the social deals company is often a boon to consumers, but it has almost as often been a pox on investors. Since going public the company has lost more than 70% of its value, and 2014 hasn’t exactly been a year of growth and rejuvenation for the company. On Friday, shares of Groupon Inc (NASDAQ:GRPN) advanced 0.14% to close the day at $7.09. Company return on investment (ROI) is -11.20% and its monthly performance is recorded as -12.90%. Groupon Inc (NASDAQ:GRPN) quarterly revenue growth is -32.22%.